North Korean news was the biggie for the session (so far at least):
Japan govt warns North Korea missile headed toward northern Japan
- More on the North Korean missile launch
- US military says North Korea missile did not pose a threat to North America
- USD/JPY on session lows as yen buyers continue in wake of North Korean missile test
- Just past 8am in Tokyo - USD/JPY higher as liquidity returns
Data now:
Jobless Rate for July 2.8%
- expected 2.8%, prior was 2.8%
Job-To-Applicant Ratio for July 1.52
- expected 1.52, prior was 1.51
Overall Household Spending -0.2% y/y
- expected 0.7%, prior was 0.3%
- a big miss on this, which had been showing signs of improvement
- For the m/m, down 1.9% against -0.5% expected
